Bringing Petrol, Diesel Under GST Won’t Reduce Prices Much: Sushil

Deputy Chief Minister Sushil Kumar Modi asserted that bringing petroleum products under ambit of Goods and Services Tax (GST) will not have much impact in reducing its prices.

“It is a big misconception (among the people) that price of petroleum products will be reduced significantly if they are brought under GST ambit. Instead, the move will have minor impact in terms of reducing prices of petroleum products,” Sushil Modi, who also heads the GST Network panel, told reporters.

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